mimblewimble/grin

Study support of vaults in grin/mimblewimble

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#71 opened on Jul 2, 2017

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Description

Grin should already support in the near future:

  • multisig using aggregate (formerly Schnorr) signatures ;
  • time-locked transactions.

Using these primitives, figure out how to implement vaults [1] [2].

[1] http://hackingdistributed.com/2016/02/26/how-to-implement-secure-bitcoin-vaults/ [2] http://fc16.ifca.ai/bitcoin/papers/MES16.pdf

Contributor guide

Research direction
Read the referenced papers and propose a design for vaults using multisig and time locked transactions in Grin.
Tech stack
rust
Domain
blockchain
Issue type
Research
DifficultyEstimated implementation difficulty for a new contributor, from 1 for very small changes to 5 for expert-level work.
4
Estimated timeA rough time range for an experienced contributor to investigate, implement, test, and prepare a pull request.
1-2 days
Activity statusHow available the issue appears right now: fresh, active, stale, blocked, or waiting on maintainer input.
Stale
ClarityHow clearly the issue explains the expected change, acceptance criteria, and next step.
Mostly clear
Prerequisites
Cryptography
Newbie friendlinessA 1-100 score estimating how approachable this issue is for first-time contributors.
20